Cargill Cocoa & Chocolate

A boost to farmers' incomes (1/09/2011)

Sustainable cocoa premium payments of $2.2 million

For the second year in a row Cargill Cocoa & Chocolate has made sustainable certified cocoa premium payments, this time to 26,500 farmers across 21 cooperatives in Côte d'Ivoire. The amount came to over US $2 million. Over 50 percent of these substantial payments goes directly to the farmers, while the remainder is used by the cooperatives to assist their members and build community facilities. Farmers are receiving the premium payment for the delivery of 20,000 MT of UTZ Certified and Rainforest Alliance cocoa. The cooperatives obtained certification following participation in Cargill's farmer training program in 500 Farmer Field Schools.

Kouakou Jacques, president of the Fiédifoué Cooperative, explains: "The majority of the premium we receive is used for resources that benefit our community. For example, we have previously used the premium to build schools and a maternity clinic. In this way we ensure that the whole community shares in and benefits from these payments."

Harold Poelma, managing director cocoa, said: "These premiums recognize the hard work undertaken by farmers and prove our commitment to sustainable cocoa production and improving incomes for farmers."

As a result of its success in Côte d'Ivoire, Cargill has intensified its farmer training program in Vietnam, and recently announced the expansion of the program to Cameroon.

© 2009 Cargill, Incorporated. All Rights Reserved.